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HOBOKEN, NJ | Hoboken Yard Redevelopment (1.3 mil-sqft)

Lawsuit Looks to Derail Changes to Hoboken Yard Redevelopment Plan

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A plan that could allow three new developments to rise near Hoboken’s train station is being challenged in court by two holding companies that have recently initiated a lot of litigation.

On May 11, a fresh lawsuit was filed in Hudson County Court over amendments that were enacted earlier this year to the Hoboken Yard Redevelopment Plan. Naming the city and its council as defendants, the plaintiffs’ case claims that the latest plan is too vague and fails to “sufficiently indicate the proposed land uses and building requirements.”

Plans to revitalize several parcels owned by NJ Transit near Hoboken Terminal have been in the works for decades, with the most recent version envisioning 1.3 million square feet of development split between a trio of commercial buildings along Observer Highway. Passed by the council in February, the scheme would allow different building heights depending on the findings of feasibility studies.

Those stipulations are at the heart of the legal challenge and the property known as Site 2 under the plan is cited throughout the lawsuit. The redevelopment proposes a 330-foot office building at the property that is “subject to a financial feasibility study to be conducted by the City to determine if the property can be developed as commercial or mixed-use residential.”

But according to the lawsuit, the amended plan “does not set forth the proposed building requirements in the event Site 2 is developed for residential use.” The complaint also takes issue with other ambiguities in the plan, as it allegedly “does not describe the process by which Hudson Place would be utilized by or otherwise conveyed to NJ Transit in connection with the Hoboken Yard Redevelopment.”

“Moreover, whereas the 2014 Plan had a very detailed stepback regulation framework tailored to each development site, the proposed amendments only specified stepback requirements for Site 2,” the complaint says.

The end result of the amended plan, according to the case, is that it “merely sets forth the potential land uses in the Hoboken Yard Redevelopment Area, and expressly indicates that the land uses may change depending on the outcome of future studies.”

The complaint suggests that the city acknowledges the fluid nature of the plan, as it cites comments made by city planner Jessica Giorgianni during a January 22 meeting. “Significantly, Ms. Giorgianni made clear that the size and nature of the redevelopment was subject to the outcome of future studies, as Ms. Giorgianni presented four scenarios of the redevelopment. “

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Jersey Digs

Fuckin NIMBYS at it:

• Video Link

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A public meeting on the Hoboken Yard Redevelopment Plan has many residents and commuters alike roiled due to parking, traffic, and environmental concerns, though they were assured that the plan is in its infancy and won't move forward any time soon.

As expected, a massive project like this will draw the anti-growth vultures.

I hope the state uses its sovereign powers and banishes Hoboken's little process here. These lands are far too important to the region and economic healthy of New Jersey than allowing one community to decide its fate.

There were once much bigger plans here.

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Originally Posted by NYguy (Post 8927141)

There were once much bigger plans here.

I know. :(

https://4.bp.blogspot.com/_Ashx4nbGY...sit+Plan+1.PNG

It kinda had a Hudson Yard's vibe.

^ jinkees!!!

how did that one get by me?

the new plan is a relative limp bizkit.

Its a good opportunity. Would be a shame if they under developed it. These yards have always been ripe potential for the area. Good transit, central location.

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Originally Posted by C. (Post 8926605)

Exactly. This is a critical regional site, and needs to be developed by the state, or the Port Authority, not some small, parochial, ultra-NIMBY town.

It should be the Hudson Yards of NJ.

LCOR Launches Office Leasing at New Class a Waterfront Development, Hoboken Connect

June 5, 2023

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LCOR, a fully integrated real estate investment, development and management company, today announced the launch of leasing at Hoboken Connect’s 21-story, 704,355-rentable square foot office building, providing a Class A offering to companies looking to plant their corporate flag on the Hoboken waterfront. This mixed-use development will transform significant portions of NJ TRANSIT’s Hoboken Terminal, creating a campus-like environment along the southern edge of the City of Hoboken that will serve as a destination for employers, employees, residents and commuters along the Hudson waterfront. In tandem with the launch of leasing, new project renderings have been released that provide a more in-depth look at the office development and insight into the overall redevelopment vision.

An integral component of this approximately 1 million-square-foot, transit-oriented development plan, includes a 21-story, 704,355-rentable square foot Class A office building located within the footprint of this multi-modal transportation hub. Floorplates will range in size from 30,000 to 40,000 square feet, with 4,330 square feet of ground floor retail space that will help to activate the at-grade experience for tenants and the community. In addition, the building will offer a wide array of tenant amenities including a conference facility, tenant lounge and open green spaces, open work areas, food and beverage options, outdoor and rooftop terraces, and a state-of-the-art bike room with locker room and shower facilities. The building will provide expansive, unimpeded views of Manhattan, from the George Washington Bridge to lower Manhattan, the Hudson Waterfront and interior parts of New Jersey. A Cushman & Wakefield team of Ed Duenas, Jon Fales and Ron LoRusso will work in partnership with Eric Reimer of Byrnam Wood to lead leasing efforts on behalf of LCOR.

“We are excited about the official launch of our leasing efforts for Hoboken Connect’s office component, a major milestone in our execution of this broader redevelopment project. The vision for Hoboken Connect was developed through an appreciation for the history and significance of Hoboken Terminal, the City of Hoboken, and the people who work, live and move through this space. This redevelopment will leverage, enhance and complement this multi-modal transportation hub’s irreplaceable access to Manhattan and interior part of New Jersey, the vibrancy and culture of this dynamic community, and proximity to an array of amenities that will make Hoboken Connect the opportunity in New Jersey for a corporation to call home,” said Brian Barry, Senior Vice President, LCOR.

“Hoboken Connect is a one-of-a-kind development, ideally located to provide ultimate convenience and accessibility. As the only NJ TRANSIT train station situated on the waterfront, it offers unparalleled connections via NJT train, NJT bus, Hudson Bergen Light Rail, NY Waterway Ferry and PATH, making it the perfect destination for commuters and residents alike. Its world-class design features a unique blend of office, residential and public spaces, all integrated within a seamless and connected environment, for the ultimate live, work, play community,” added both Eric Reimer and Ed Duenas.

Other key components of Hoboken Connect include the delivery of a 386-unit residential property with 20% of those residences designated affordable, the largest brand-new affordable housing offering to be delivered to the City of Hoboken in over a decade. Additionally, historic preservation and activation of NJ TRANSIT’s historic Lackawanna Ferry Terminal Building, NJ TRANSIT’s Warrington Plaza, and a new, NJ TRANSIT Bus Terminal, improving the commuter experience and enhancing intermodal connectivity, creating a shared street along Hudson Place.

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https://rew-online.com/lcor-launches...boken-connect/